NLC India Renewables Ltd forms JV company with RVUNL

NLC India Renewables Limited (Wholly Owned Subsidiary of NLC India Limited) has incorporated a Joint Venture Company (JVC) with Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL) under the name and style of “NIRL Rajasthan Renewables Limited” with equity participation of 74:26 respectively, to undertake Green Energy Projects. The Ministry of Corporate Affairs has issued a Certificate of Incorporation for the same on 2nd June, 2025.

Shares of NLC India Limited was last trading in BSE at Rs. 233.20 as compared to the previous close of Rs. 239.60. The total number of shares traded during the day was 96977 in over 2245 trades.

The stock hit an intraday high of Rs. 240.50 and intraday low of 232.30. The net turnover during the day was Rs. 22855161.00.

Source : Equity Bulls

Keywords

NLCIndia INE589A01014 NLCIndiaRenewables JVCompany RVUNL NIRLRajasthanRenewables